Some Chinese entrepreneurs are all about the story. More far-fetched and ludicrous the story, the more exposure they get at home. Forget about substance, experience, net wealth or liquidity. That part is opaque. Businessmen like Chen are a dime a dozen, to name a few others;

2. Stella Shiu’s development of the Wirral in the UK. Estimated cost 175 million pounds. Never mind that she was personally declared bankrupt (using another name) in 2008.

3. Xu Weiping’s. 1 billion pound development of London Roayl Albert Dock. Hardly any development experience,, apart from one or two projects in China. Questionable sources of funding.

4. Huang Nubo's attempts to purchase of large swaths of Iceland land, where he planned on a $200 million dollar development of golf courses, hotels and air balloons. Never mind the year round perma-frost making a golf course impossible in that location in addition to lack of infrastructure due to the remoteness of the site. Details, details!

The list goes on. Could this be their way of thumping their chests for a home based crowd, with the ultimate goal of getting access to virtually non-regulated funding through the notorious Wealth Management Products? Would not be surprising to see more of such stories as regular bank channels tighten their lending criteria.

10:01 pm January 10, 2014

Anonymous wrote:

Mr. Chen Guangbiao has something to be respected!

10:18 pm January 10, 2014

haha wrote:

he is a nut

10:31 pm January 10, 2014

111111111111 wrote:

this bastard just a mad escaped from mind disease hospital

10:34 pm January 10, 2014

Anonymous wrote:

at least he donate his money to poor people

how much did wsj or new york times donate for haiyan disaster, 311 tsunami, katrina , sichuan earthquake?

if new york times and wsj was people's paper, why did they charge for any advertisement for political camping period?

they are making a ton of money during election fever.

10:42 pm January 10, 2014

Anonymous wrote:

More far-fetched and ludicrous the story, the more exposure these circus-preneurs get. Could this be their way of thumping their chest for a home based crowd, with the ultimate goal of getting access to virtually non-regulated funding through the notorious Wealth Management Products?

10:44 pm January 10, 2014

Anonymous wrote:

More far-fetched and ludicrous the story, the more exposure these circus-preneurs get at home. Could this be their way of thumping their chest for a home based crowd, with the ultimate goal of getting access to virtually non-regulated funding through the notorious Wealth Management Products?

10:53 pm January 10, 2014

chen wrote:

The truth is that the card was made by an unqualified English translator.
The first sight,I also thought that Chen is a mad egomania.Then,I found that he is a self-made billionaire,who apparently can't be so abnormal.
So,I carefully analyzed this card,combining with other information about him from internet．I found that this is a mistake made by a translator.
First, "most influential person in China",and "China moral leader" are tittles awarded by some Chinese Media,so are some other items on the card.All these information can be found on Internet.
Second."China's Foremost Environmental Preservation Demolition Expert" is actually an awkward translation of this Chinese sentence：“中国最前沿的环保型拆除专家”，which originally means "one of the foremost experts on environment-friendly demolition in China",in fact,this really is the business that made him rich.

3:02 am January 11, 2014

Anonymous wrote:

He should buy WSJ

11:08 am January 11, 2014

Hua Chunky Ding Bat wrote:

CHEN GUANGBIAO Is your typical hypocrite with a big ego and bigmouth. Trying to impose is cultural imperialistic view on a democratic country. He could have been the propaganda minster for any authoritarian country.

11:16 am January 11, 2014

Hong Lie wrote:

Chen GuangBiao is a good son of the motherland of China. He will buy as many news let as possible, we will fiance him so the Motherland of China will impose our views on the american people and force them to accept Chinese ways and culture just like Hitler did to Europe.
Communist party of China will rule the world

12:50 pm January 11, 2014

pug_ster wrote:

Chen GuangBiao should buy WSJ and fire all these China propagandists. That will do all of us a favor.

2:29 pm January 11, 2014

Anonymous wrote:

Guess what, If Chen GuangBiao had the ability to buy WSJ ( which he doesn't) Everyone would quit and not work with him. He would not have to worry about firing anyone for his fascist propaganda

5:10 pm January 11, 2014

OODA loop STAT wrote:

WSJ & NYT are not for sale, but it's not too late for Chen the Clown to buy "The Onion!"

5:17 pm January 11, 2014

Pick up the Chinese garbage! wrote:

How did Chen get rich again? Oh that's right, dealing with Chinese garbage. So why not buy a garbage media site like Russian Times or Global Times instead of trying to purchase a respected media source like the NYT?

11:48 pm January 11, 2014

dissent artist wrote:

Western media is like a jealous and unmatured elementary kid who just wants to say bad things about others and other families while keeping best toys and sweets to itself. Want to outsmart China, ridicule China, denigrate China? No use since China today has many sophisticated, ultrasmart and confident people. Western propaganda is just self-deceiving and self-defeating. LOL

1:51 am January 12, 2014

Anonymous wrote:

Wait, you call this guy a fascist? What's your definition for a fascist? Do you have any evidence he should be given such a big title? Either you or Chen Guangbiao is a fascist/racist actually. At least he is multibillionaire and he donates his money, which you are not capable of.

10:03 am January 12, 2014

ur wrote:

Only Ming Xinpei, the so-called Chinese affair expert who actually is the embodiment of western propaganda and fourth class of scholar, is more stupid than this author. Fascist is the word kept for those who want to seek domination of their own values and supremacy under the disguise of democracy. Ming Xinpei type of so-called Chinese scholar ( who actually made all money from making the worst predication about China for more than 2 decades and keeps making in order to vent his pissy hatred toward Chinese nation and making income )has never condemned killings and genocide under democracy.

4:49 am January 13, 2014

I Love Biao Ge wrote:

Biao Ge is so creative and funny

7:42 pm January 13, 2014

Highly amused wrote:

I love how Chen Guangbiao is so vain that he even bothered to pay people to post positive comments in this section that have been Google translated almost as poorly as Chen's business cards.

There is just no way on god's green earth that any shareholder of the WSJ or NYT would be so desperate as to sell to Chen Guangbiao, so I really don't even know what this guy is thinking. If the blindingly obvious threat of communist China media bias taking over the NYT and WSJ wasn't enough, this guy is just a complete a$$clown, who clearly would run the newspapers into the ground. He can't even get his own English business cards right, what possible chance would he stand with an English newspaper?

Add a Comment

Error message

Name

We welcome thoughtful comments from readers. Please comply with our guidelines. Our blogs do not require the use of your real name.

About China Real Time Report

China Real Time Report is a vital resource for an expanding global community trying to keep up with a country changing minute by minute. The site offers quick insight and sharp analysis from the wide network of Dow Jones reporters across Greater China, including Dow Jones Newswires’ specialists and The Wall Street Journal’s award-winning team. It also draws on the insights of commentators close to the hot topic of the day in law, policy, economics and culture. Its editors can be reached at chinarealtime@wsj.com.